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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Johnson v. United States Department of Housing & Urban Development, 911 F.2d 1302 (1990)

Citation
Johnson v. United States Department of Housing & Urban Development, 911 F.2d 1302 (1990)
Parent Document
Johnson v. United States Department of Housing & Urban Development, 911 F.2d 1302 (1990)
Effective Date
1990-08-24

Other Sections in This Document (62)

Full Text

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The term “other changes” refers to changes related to an owner’s acceptance of certain incentives in exchange for an agreement to retain the housing for low- and moderate-income use for the remaining term of the mortgage. Incentives which alter the current rent structure, for example, will necessitate amendments to the existing regulatory agreements. The conferees intend with this provision to affect only housing that is likely to prepay and do not intend to alter HUD administration of other regulatory agreements under the affected programs, Conference Report, 1987 USCCAN 3491.